Does forecasting add value?
#1
Posted 31 August 2004 - 05:24 PM
Results below:
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=dia,uu[g,a]dellynay[d20040801,20040831][p][i]&r=3233.gif
#2
Posted 31 August 2004 - 05:26 PM
#3
Posted 31 August 2004 - 06:10 PM
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#4
Posted 31 August 2004 - 06:23 PM
"Bottoms come fast...Tops take forever"
#6
Posted 31 August 2004 - 07:10 PM
#7
Posted 31 August 2004 - 08:18 PM
MN looks good,
Can you post Pasavento map for September?
nebt
having follwed his posts(MN) for some time,i have respect for his forecasting abilities.i believe that he mentioned a few weeks back that he expects a strong move off a sept 3 turning point.it was a post about "symetry".my take was that he was leaning to the upside,and mentioned that if sept 3 was a high it would be very bearisch.we are almost there and an upturn would fit nicely as i view the last 2 days as a correction of the august rally and it should last a few more days.MN-thanks for your posts and keep up the good work
pisces.
#8
Posted 31 August 2004 - 08:40 PM
#9
Posted 31 August 2004 - 08:55 PM
Pisces,to clarify:
MN posted before Pasavento map, which he uses as per his own posts. Pasavento map is a separate issue from his own forecasting. There is no contradiction here, just a request to see Pasavento map, if possible...
nebt
Absolutely no problem ,Nebt also enjoy your posts,and am also interrested in Pasavento map.
good luck to all , Pisces.
#10
Posted 31 August 2004 - 09:05 PM
Finally, and I can't stress this enough: Pesavento maps can invert multiple times during a cycle--so don't rely on what you see/read here.
One final quickie: volume trends could take the market either way, so it's a matter who wants it more, the buyers or the sellers. When I get caught up, I'll try to post anything else that may be of interest.